Dominica has the oldest and most trusted “Economic citizenship by investment” program since 1993 which allows granting citizenship to those who make a contribution to the development of the country or in real estate.
Dominica is the only country where you can get a second citizenship, cheapest among the other economic citizenship programs in Europe and Caribbean.
Dominica is a 751 sq.km island nation in the eastern Caribbean. The economy is primarily agriculture based and Roseau is the capital city. The currency is EC$ and the country has both tropical humid and wet rainy seasons. Dominica is the “Nature Island of the Caribbean” is a green tropical paradise and one of the most beautiful islands in the Caribbean. It is practically untouched nature with countless rivers and waterfalls, and emerald green mountains dropping dramatically into the turquoise sea. Dominica has world’s second-largest hot spring, with mountainous rainforests, home to many rare plants, animals, and birds. Morne Trois Pitons National Park is a UNESCO World heritage site.
Benefits
- World’s oldest economic citizenship program.
- Most affordable citizenship program.
- No requirement to live in Dominica before or after citizenship.
- Travel visa free to 140+ countries including EU Schengen, Ireland, China, Russia etc.
- No personal visit to Dominica required.
- Passport issued with 10 year validity
- Citizenship program open to all country nationals.
- Citizenship for family and children.
- No residency requirements.
- Residence status to live and work in Dominica. Free movement in CARICOM states.
- No wealth, gift, inheritance, foreign income or capital gains tax and no personal income tax for residents.
- No restriction on the repatriation of profits and imported capital for business.
- Corporate tax incentives, full exemption from import duties.
Note: On 19 Jul 2023, United Kingdom has revoked the visa waiver agreement of Commonwealth of Dominica. Please note all dominica passport holders, from now on, need a visit visa is required to enter United Kingdom.
The Dominica CBIU has implemented new rules on family members effective Sep 15, 2022,
- Siblings are not accepted
- Parents or grandparents must be above 65 years to be eligible
- Name change not allowed for economic citizens unless they are resident of Dominica.
Legal Background
The Commonwealth of Dominica Citizenship Act incorporated into Dominican law in 1978, provides a foundation of acquiring citizenship of the country. It outlined in sections 8 and 9 that individuals who participated in CBI schemes would be granted a naturalisation certificate in this scenario. The following acts form the basis for economic citizenship scheme in Commonwealth of Dominica.
Citizenship by Investment Regulations 2014
Citizenship by Investment Regulations 2016
Citizenship by Investment Regulations 2017
Citizenship by Investment Regulations 2018,
Citizenship by Investment Regulations 2019
Citizenship by Investment Regulations 2020
Citizenship by Investment Regulations 2022
Citizenship by Investment (CBI)
The Dominica citizenship-by-investment Programme is set out in the the legislation published pursuant to Section 101 of the Constitution and Sections 8 and 20 (1) of the Citizenship Act of Dominica. Under this scheme, you will need to make minimum investment of
- Donation – USD 100,000 one time donation to Economic Diversification fund
- Real Estate – USD 200,000 Real estate investment
Economic Diversification Fund
The following are one time non-refundable contributions, paid only after application approval.
| Applicant | Donation |
| Single Applicant | USD 100,000 |
| Main Applicant + Spouse | USD 150,000 |
| Family Application (Applicant upto three dependents) | USD 175,000 |
| Additional Dependents (below 18) | USD 25,000 each |
| Additional dependents (aged 18-25) | USD 50,000 each |
From 17 July 2023 onwards, enhanced due diligence will be conducted on high risk applicants. The minimum EDF contribution amounts are expressed in United States dollars (USD). However, the Government will also accept payments in euros (EUR) and pound sterling (GBP).
Blacklist countries
These countries cannot apply for Dominica citizenship by investment program.
- Northern Iraq – Kurdistan region of Iraq, namely nationals from the cities of Erbil, Amedi, Dahuk, Kirkuk, Lalish, Raniya, Soran, Sulaymaniyah and Zakho.
- Russia and Belarus – Any new applications submitted on behalf of Russian and Belarusian nationals will not be processed.
- North Korea / Sudan – Application from citizens of North Korea and Sudan will be refused unless the applicant has (1) not lived in these countries for at least ten years, (2) no substantial assets there, and (3) not performed any business or similar activity, in whole or in part, in or with the countries.
Mandatory Interview
The CBIU Unit of Dominica has implemented Interviews applies to all CBI applications submitted since 17 July 2023. The fee is US$ 1000 per applicant.
Family Dependents
The following dependents can apply under family application. Note the age limit. If you are do not fall into age limit, a separate application must be filed.
- a spouse of the main applicant;
- a child under eighteen years of age of the main applicant or the spouse of the main applicant;
- a child of the main applicant or the spouse of the main applicant between eighteen and thirty years who is in attendance at a recognised institution of higher learning and substantially supported by the main applicant or the spouse of the main applicant;
- an unmarried daughter of the main applicant or the spouse of the main applicant who is under twenty-five years of age and is living with and fully supported by the main applicant or the spouse of the main applicant;
- a child of the main applicant or the spouse of the main applicant who is eighteen years of age or older and physically or mentally challenged and who is substantially supported by the main applicant or the spouse of the main applicant;
- parents or grandparents of the main applicant or the spouse of the main applicant above the age of sixty five years who are substantially supported by the main applicant or the spouse of the main applicant
Real Estate
A minimum investment in any Government approved real estate projects of USD 200,000 is required for each main applicant. Two or more applicants may apply for citizenship by investment together by purchasing one piece of real estate, provided that each main applicant contributes the minimum investment of USD 200,000 towards the investment.
The real estate must be held for 3 years and may be eligible for re-sale under the Citizenship by Investment Programme after 5 years from the original purchase date.
You can invest in a five star hotel just opened in Dominica. (resale only available)
| Real Estate Investment | USD 200,000 (share or title deed) |
| Government fees for real estate | see below |
| The following government fees are applicable for the main applicant and any accompanying dependents: |
|
Additional Fees
The following fees apply for both real estate and government fund contribution
| Due Diligence Fees | Main Applicant – USD 7,500* Spouse – USD 7,500 Dependant aged 16 years and above – USD 4,000 |
| Fee for Certificate of Naturalisation | USD 750 per person |
| Processing fees | USD 3,000 per application |
| Expedited passport fee | USD 1,200 per application |
Application forms
The CBI application forms is not available for free download. It is only available or provided by authorized agent or lawyer. Please prepare the required documents
Download
- Dominica Brochure – Download pdf
- Dominica CBIU Brochure – Download pdf
Approved Real estate
| Secret Bay Resort | The Silver Beach Development |
| Cabrits Resort Kempinski (Range developments) |
Tranquility Beach Dominica |
| Jungle Bay Villas | Anichi Resort & Spa |
For eg. To buy a share of real estate, expect the cost for family for 4 will be
| Cost of share | US$ 220,000 |
| Main applicant’s government fees | US$ 50,000 |
| Spouse’s government fees | US$ 25,000 |
| 2 children’s government fees | US$ 40,000 (US$ 20,000 for each child) |
| Due Diligence Fees (for dependents above the age of 16 years old) | US$ 23,000 (US$ 7,500 for the main applicant+ US$ 7,500 for the spouse + US$ 4,000 x 2 for dependents) |
| Share Registration Fees | US$ 8,800 |
| Government processing fees | US$ 3,000 |
| Certificate of Naturalisation, including stamp fees | US$ 3,000 (US$ 750 x 4) |
| Total Cost for a Family of 4 | US$ 372,800 |
Real estate process
- Step 1. Sign initial reservation form and pay initial deposit 10% of the real estate price.
- Step 2: Initial application and required documents for citizenship through agent. You also have to pay due diligence fees ($7500). Investor will execute sale of purchase agreement.
- Step 3: After 3-4 months, approval letter is given by Government and within 7 days you are required to pay the balance for real estate and government fees.
- Step 4: The proof of ownership is handed over to Government and within 3-4 weeks you will be issued “citizenship certificate”.
- Step 5: Using “certificate of citizenship” apply for Dominica passport which takes about 1 week.
Refusals
The granting of citizenship is a the sole discretion of the Government and the Council of ministers. The citizenship may be refused under the reasons.
- The Government may reject or refuse granting of citizenship under the following reasons.
- False or concealment of information in the application.
- Failing due diligence and background checks done by Government.
- Criminal record or financial fraud.
- Previous visa denial to a country with visa waiver agreements with.
- Country national subjected to international sanctions (OFAC).
Dominica Passport
Dominica is a very good travel document offering mobility and travel freedom with visa free to over 142 countries including the EU Schengen, Russia, Switzerland, Hong Kong, Ireland, Singapore over 90 countries. Dominica has signed a number of visa waiver agreements.
Dominica taxes
There are no capital gains, inheritance, gift or wealth taxes in dominica. Unless you live in dominica as a resident, there are no income taxes on your worldwide earnings.
Processing times
It takes about 3 months on average, processing time to get the passport and citizenship. The dominica passport is valid for 10 years and the government allows dual nationality and does not report your citizenship to other countries.
No requirement to visit Dominica.
- The Applicant must have a clean no criminal record.
- Good references.
- Good references, financial and business background.
- Must attend interview.
- No previous visa rejection from UK, Schengen, Canada.
Documents Required
The documentation required is extensive and paperwork with the Government is very delicate and time consuming. We need the following documents for main applicant and family members. All original documents must bear Apostille (*).
- Application form (Form 12)
- Due diligence form/declaration
- Personal information and disclosure forms
- Business background information
- Citizenship application letter
- Passport application form
- Birth certificate (certified copy)
- Marriage certificate* (certified copy) or divorce certificate
- Professional references (known for 3 years)
- Medical certificate including HIV-Test (originals)
- Certificate of no criminal record or Police clearance* in original in countries lived 6 months or more. Must be less than 6 months old.
- Two (2) personal references (originals)
- Bank references (original and must be client of bank atleast 2 years)
- Copy of passport or ID document (certified copy) of each person including children
- Twelve (12) colour passport photographs Each person including children
FAQs
The following questions are frequently asked by clients applying for Dominica citizenship by investment program.
How much is Dominica citizenship?
Expect, It will cost you $109,500 plus lawyer or agent fee for one person under CBI donation route. Prices increase for additional family members depends on their age.
Are there any discounts offered by Dominica Government?
No discounts offered by government. We do not offer any financing schemes, underselling the minimum required investment.
How much is the minimum real estate investment required?
The minimum required is USD 200,000 invested in real estate (only in approved CIP projects) qualify for Dominica citizenship
How many visa free countries i can travel with Dominica passport?
Dominica citizens have visa-free or visa on arrival access to 140 countries and territories which include Schengen, United Kingdom, Russia, Ukraine, Israel, South Korea etc.
How can i start the application process?
You can start the process paying 10% of the initial fee to the authorized agent. This covers a part of agent fee, due diligence fee and Govt application fee to kickstart the online filing process. The rest you will pay only after the Government approval letter is issued (takes 3-4 months)
Who cannot apply for Dominica citizenship by investment?
If you are a citizen of Iran, Russia, Belarus, Iraq (kurdistan), North Korea, Sudan, and Syria. You cannot apply.
What are the minimum eligible conditions?
You also must meet that being at least 18 years of age, of good character, without a criminal record, and no visa refusals and able and willing to make the required contribution.
Is the investment amount refundable?
If you do donation, it is not. For real estate, yes it is a recoverable investment.
Do i need to visit in person for Dominica citizenship?
Not required
Do i need visa to visit USA and Canada as Dominica citizen?
Yes, visa is required for US, Canada.
Is dual citizenship allowed?
Yes, dual citizenship is allowed on dominica and there are no restrictions. However you will need to be careful with the immigration rules of your home country. In some countries dual nationalities are illegal or criminal offense. We askour clients to consult a immigration lawyer in your country and seek professional advice
Where is DOMINICA?
The Commonwealth of Dominica is a Caribbean republic with a parliamentary democracy. The capital city is Roseau and the population is approximately 70,000. The language is English. French Patois is also spoken and the currency is the East Caribbean Dollar.
Dominica should not be confused with “The Dominican Republic” which is a different country.
What is Dominica Citizenship by investment program (CIP)?
How do i travel to Dominica?
How to renew my expired passport?
You can renew your passport at Passport and Immigration Department in Dominica or through any Dominican Consulate and may simply give your primary residence as address. If you applied through an agent, they can do the formalities in Dominica.
Does Dominica recognize dual citizenship?
How many years is the Dominica passport valid?
Can i travel to UK with Dominica passport?
No. You need UK visa with dominica passport for short visits less than 6 months for tourism, visiting friends/family, business trip for conferences or meetings. You can check here: https://www.gov.uk/check-uk-visa
How many days i can stay in UK/Schengen countries with Dominica passport?
Can i renew my passport if i have already sold the real estate investment property?
Yes, as long as you held the property for the required number of years after obtaining your citizenship.
What are the steps for applying for Dominica citizenship?
STEP 1
The first step for applying for Citizenship is through an Authorized agent. Applications for citizenship cannot be submitted directly to the Citizenship by Investment Unit and must only be handled by an Authorised Agent.
An “authorised agent” means a person licensed by the Citizenship by Investment Unit who has paid the authorised agent’s fee pursuant to paragraph 1(1) of the Schedule to these Regulations and is authorised to act on behalf of the main applicant in relation to a citizenship by investment application.
STEP 2
The second step is to contact your chosen Authorised Agent who will provide you with assistance in preparing your documentation for submission to the CBIU. You will need to complete the official forms, attend a medical examination and obtain certain supporting documents, all of which need to be submitted in English and with the appropriate legalisation. If you are purchasing property, this will need to be reserved through a sales and purchase agreement at this point. We will be able to advise you on the preparation of the documents and how to have them legalised.
STEP 3
When all of your forms are complete, the Agent will submit the application to the CBIU of Dominica and will liaise with the Unit relating to all correspondence, queries or questions on your file that may arise in due course. There is currently no mandatory interview requirement for the Dominican Citizenship by Investment Program, however an interview may be required at the discretion of the government.
STEP 4
Your application will be vetted through a thorough due diligence back ground check which will verify the information that you have provided. The CBIU will consider the file in the light of the due diligence report, and will take a decision about your application. You will receive a letter through your agent which will inform you whether your application has been successful, has been delayed for further processing or has been rejected.
STEP 5
If your application is successful, the CBIU will issue a letter instructing you to make the investment payment (for the Government Fund option) or to complete the payment of the real estate property. Upon receiving proof of the payment, the CBIU will issue the certificate of registration which will be able to be used by your agent to apply for a Dominican passport.
Are you an authorized agent of Dominica CIP?
We work with Government approved authorized by Dominica citizenship by investment unit. “authorised agent” is a person licensed by the Government to act on behalf of applicants for Citizenship by Investment.
How much does the program cost? What are the fees?
The total cost will be made up of the investment, and then other fees relating to the processing of the application. These will depend on whether you choose to obtain citizenship through the Government Fund option or the Real Estate Investment option.
Does citizenship of dominica extend to my spouse and children?
Yes, citizenship is extended to your spouse, dependent children and dependent parents. Fees for family members are provided with the application form.
Who qualifies as dependents?
- A spouse of the main applicant;
- A child under eighteen (18) years of age of the main applicant or his or her spouse;
- A child of the main applicant or his or her spouse between eighteen (18) and twenty five (25) who is in full time attendance at a recognised institution of higher learning after his or her eighteenth birthday and fully supported by the main applicant;
- An unmarried daughter of the main applicant who is under twenty five (25) years of age and is living with and fully supported by the main applicant;
- A child of the main applicant or spouse of the main applicant who is above the age of eighteen (18) years and physically or mentally challenged and who is fully supported by the applicant;
- Parents or grandparents of the main applicant or his or her spouse above the age of sixty five (65) years living with and fully supported by the main applicant.
A ‘’child’’ means a biological or legally adopted child of a main applicant, or of the spouse of the main applicant.
For more information, contact an authorised agent for questions relating to which of your family members may be included in your application.
What are the benefits of dominica citizenship?
Will i be liable to any taxes in Dominica?
Can i submit the citizenship application myself to the CIP unit?
No. Applications must be submitted through authorized agents.
How long does the application process take?
From submission of the required documents to the Government of the Commonwealth of Dominica, the processing time is approximately 3-4 months
How does the Dominica CIP compare to other citizenship by investment programs in other countries?
This is second oldest reputable CBI programme has been running since 1993. Dominica offers the most affordable route to full, legal citizenship without living.
Can i vote in Dominica elections?
Yes you can, but must live for more than one year. More information here
Is the application process confidential?
The application process is confidential, with no disclosure of or exchange of information, your citizenship is not reported to other countries.
Does Dominica release names of CBI citizens to public?
Yes, twice a year the names of all citizens who acquired passports are published in Dominica Gazette in paper format.
Are the application forms available online?
No. The latest application forms for Citizenship by Investment can only be obtained through an authorised agent.
Can i submit my application in other languages, other than english?
What is Police clearance certificate (PCC)?
What is the Oath of allegiance?
Why dominica is the most popular citizenship program in the world?
Over 5000 individuals apply for dominica passport every year. The Dominica citizenship program has raised over $200 million dollars, that has helped dominica to reshape its economy. The funds from citizenship program are spent on public and private sectors in Dominica economy such as tourism, agriculture, travel, schools, sports, research, education etc.. Dominica has sold over 12000 passports since 2003.
Dominica passport holders enjoy access to UK (scotland, ireland, wales), 26 European countries (Germany, France, Switzerland, Austria, Belgium, Sweden, Denmark etc). Dominica passport holders are allowed to stay maximum 180 days in UK for business, tourism etc, and 90 days out of 180 days in EU schengen zone.
Other caribbean nations also run citizenship programs, but they are much more expensive, where with Dominica it is half the price . For example, Antigua costs ($200,000), St Kitts ($250,000), Grenada ($200,000), St Lucia ($200,000).
What is the reputation of Dominica passport?
Dominica passport is ranked 41st best passport in the world with visa free access to 119 countries in the world, according to the statistics from Henley restrictions index 2016. Dominica offers a good, easy second citizenship option and powerful second passport, cheapest of all citizenship programs running in Antigua, St Kitts, Grenada and St Lucia, Malta, Cyprus, Portugal.
Do i have to pay the investment amount again after the expiry of passport?
No. It is just one time investment. After expiry you can renew your Dominica passport just by paying a small passport fee ($38)
How does the Government donation fund work?
Donation route is the cheapest and fastest route to get the citizenship. Applicants applying under the Government donation option must agree to pay lump investment amount $100,000, specified by the program within 30 days of receiving an Approval in Principle letter from the Citizenship by investment unit (CBIU).
Could the citizenship be refused by Dominica?
Yes, it is possible. The granting of citizenship is a the sole discretion of the Government and the Council of ministers. The citizenship may be refused under the reasons.
- False or concealment of information in the application.
- Failing due diligence and background checks done by Government.
- Criminal record or financial fraud.
- Previous visa denial to a country with visa waiver agreements with.
- Country national subjected to international sanctions (OFAC).
- Disrepute to Dominica.
Those who are involved in organized crime, financial crimes, money laundering, or terrorism will be denied citizenship. The Government may also revoke citizenship after granting the passport.
Does Dominica report my citizenship to other countries?
No. The citizenship granted is fully confidential. The Government does does not share or report to other Governments.
Is it possible to get a diplomatic passport from Dominica?
Currently no. Diplomatic passport will not give you citizenship in Dominica. Diplomatic passports only issued to government employees for work-related travel officially representing Dominica. Carrying a diplomatic passport does not entitle someone to diplomatic immunity. Unless you have high level government or political contacts, it is not possible to get one.
Does Dominica give citizenship against buying Government bonds?
No.
What are tax consequences after becoming citizen of dominica?
Taxation is not based on citizenship. Dominica has friendly tax regime, and citizens of dominica who dont live in the country, does not have any tax liabilities and enjoy a tax free foreign income status. There are no wealth, gift or inheritance taxes.
What are the benefits of incorporating an offshore company in Dominica?
Dominica is popular offshore company formation of IBC’s because of the high confidentiality of real owners and directors. There are no financial reporting requirement, no import duties and no restriction on the repatriation of corporate profits or imported capital.
Does the Government does background checks on individuals?
Dominica economic citizenship program will only accept individuals of outstanding character and repute in order to protect the integrity of the country. To ensure only credible persons of impeccable standing are given citizenship, the Government of Dominica performs a comprehensive due diligence procedure on all applicants older than 18 years of age through Interpol or other private detective agencies. Only individuals with no criminal record and whose funds have been legally derived will be permitted to acquire citizenship in the country.
Who is eligible to apply for citizenship under investment?
Applicants for citizenship must be at least 18 years of age, of good character, without criminal records and who are able and willing to make the required contribution. Applicants must engage an authorised agent who will assist them to prepare the required forms and supporting documents.
Can i change my name after becoming dominica citizen?
You can legally change surname via a Deed Poll procedure once they have been a citizen for more than one year
Can i invest in hotels?
Yes, you can invest in hotels, resorts buying a equity share or full deed. The prices for equity share start from $200,000
Do i need to visit in person for Dominica citizenship?
No, usually the interviews are waived but you are welcome to visit Dominica anytime
Does dominica passport has lifetime validity?
Citizenship from Dominica is valid for life. The certificate of naturalization is the proof that you have become dominica citizen. Dominica passport issued is valid for ten years at a time, and can be renewed for life since citizenship is permanent for life. Dominica passports issued to children under 16 years old are valid for a duration of 5 years.
All expiring Commonwealth of Dominica passport can be easily renewed for a small fee $40 at any Dominica consulate or embassy or at the Dominica passport office in capital Roseau. The agent can also help you to facilitate the renewal process. No requirement to come to Dominica in person. You also dont need to have local registered address in Dominica.
Do i need visa to visit USA and Canada as Dominica citizen? dominica passport?
Yes, visa is required for US, Canada.
Do i get right to vote in elections?
The citizenship of dominica will give you full right to vote in political elections.
What is “Certificate of naturalization”?
The cerificate of naturalization is the proof that you have become “Citizen of Commonwealth of Dominica”. Citizenship from Dominica is valid for lifetime. They will ask for this certificate when you apply or renew the dominica passport.
Do i need an address in Dominica to renew my passport?
No, you do not need an address in Dominica. You can renew your passport at Passport and Immigration Department in Dominica or through any Dominican Consulate and may simply give your primary residence as address.
How many dependents can be included in citizenship application?
Unlimited, as long as the family members are fully supported financially by main applicant.
How do i reach Dominica by air and sea?
By Air: International flights from US and Europe are connected to the island through hubs in Antigua, Barbados, St. Maarten, Guadeloupe and Martinique. The Leeward Island Transport (LIAT) and Caribbean Star usually complete the Dominican leg. LIAT and American Eagle also provide connecting flights to the island out of Puerto Rico.
By Sea: A 300-seat catamaran operated by L’Express des Îles ferries passengers between Dominica, Guadeloupe, Martinique and St. Lucia. The ferry service in Dominica also includes 400 capacity Catamaran operated by Jeans, traverses from Guadeloupe to Dominica into the town of Portsmouth. Every year, hundreds of thousands of visitors arrive on the island from Cruise Ships berthed at the Bayfront, Woodbridge Bay, and Cabrits. Captains of Yachts and Sailboats can also anchor their private yacht at any of the island’s official ports, but they should check in with customs and immigration on arrival. see: http://www.dominica.dm/index.php/how-to-get-here
How many years is the Dominica passport valid?
All Dominican passports are valid for up to 10 years. Passports for children under 16 years old are issued for 5 years.
What are the must see places in Dominica?
The Trafalgar Falls, Emerald Pool, and Cabrits National Park are very popular. Dominica has an organized tour operations system for cruise visitors.
Does Dominica have beaches?
Dominica is mainly of lush tropical forests and waterfalls. Dominica is not a typical Caribbean destination of white sand beaches, however there are many beaches within coves with glistening volcanic sand along the island’s west coast. Beaches at Mero, Macoucheri, and Portsmouth are splendid.
What are the investment opportunities available in Dominica?
Fishing, green tourism, soft adventure projects, highend boutique hotels, exclusive villas and nature related activities, manufacturing, shipping, banking and insurance.
How do i renew my dominica passport after expiry?
Expired passports or those with no free pages can be easily renewed for a fee at the Passport and Immigration Department in Dominica or through any Dominican Consulate (with no need to personally travel to Dominica or to its Consulates).
Are there any other ways to get citizenship in Dominica besides investment route?
Yes, right by birth or blood or naturalize by living 7 years in Dominica.
Can i renew my passport if i have already sold the real estate investment property?
Yes, as long as you held the property for the required number of years after obtaining your citizenship.
Are you an authorized agent of Dominica?
We work with approved agents and lawyers authorized by Dominica citizenship by investment unit. “authorised agent” is a person licensed by the Government to act on behalf of applicants for Citizenship by Investment. Our consulting services are free of charge.
Does Dominica recognize unisex?
Unisex marriage is not recognized in Dominica and therefore does not qualify for citizenship.
How safe is Dominica?
Dominica is like any other safe country, has the lowest crime rates in the caribbean.
Can i bring pets to Dominica?
Visitors wishing to enter the country with their pets must obtain an Import Permit. The Veterinary Office of the Ministry of Agriculture can assist with the requisite guidelines.
Does Dominica has hurricane season?
The peak of hurricane season is late August to early September. The dry season is usually between January and June, with the wet months between August and October.
Does Dominica have tax treaties?
Dominica has a tax treaty with Great Britain, the United States, and CARICOM countries to prevent double taxation of income earned in Dominica.
Is the application process confidential?
The application process is confidential, with no disclosure of or exchange of information, except where necessary checks are to be carried out by an authorised due diligence agency.
Does land transfer tax apply on real estate transactions?
Assurance Fund Fee, 1% of value, Judicial Fee 2.5% of value, Stamp Duty (buyer) 4% of value
Stamp Duty (vendor) 2.5% of value, Solicitor’s Fee 3% of value on which a 15% VAT is payable.
What are the corporate and VAT rates in Dominica?
28% corporate taxes apply and VAT is levied at 15% on all goods and services, except hotel accomodation 10%.
Are the application forms available online?
The application forms for Citizenship by Investment can only be obtained through an authorised agent.
Can i submit my application in other languages, other than english?
No. All applications must be in English.
Will my passport be taken away, if Dominica decides to close the citizenship program in the future?
No, you are entitled to 100% life time citizenship, backed by Constitution and necessary legislation of the country.
What is Police clearance certificate (PCC)?
A Police Clearance Certificate is a document provided by a law enforcement agency confirming the absence of a criminal record. It should be less than 6 months old.
What is the Oath of allegiance?
Upon final approval of citizenship, each applicant is required to sign an Oath of Allegiance to the Commonwealth of Dominica. The oath must be signed before a Notary Public, Justice of Peace or Commissioner of Oaths.
Is it possible to open bank account in Dominica?
Just show your passport to open a bank account. You can open account with any of these commercial banks: Royal Bank of Canada, Bank of Nova Scotia, First Caribbean International Bank, Royal Bank of Canada
Do i need to pay withholding tax if i buy a property?
If you buy a property and you reside in Dominica for less than 6 months of the year, you are liable to pay withholding tax of 15%. If you decide to rent it, this will be paid to you outside of Dominica.
Can foreigners freely hold real estate in Dominica?
Yes, foreign buyers can freely buy real estate, without even having a visa. If you are not citizen of OECS countries, have to pay additional 10% license fee upon purchasing a land. OECS countries are Anguilla, Antigua, British virigin islands (BVI), Dominica, Grenada, Montserrat, St Kitts, St Lucia, St Vincent)
The real estate transactions are done as follows: Foreign buyer pays: 10% of the value of the land, legal fees 3%, judicial fees 2.5%, assurance fund fee 1%, stamp duty 4%. Vendor pays: stamp duty 2.5%, realtor’s fees 5%
Foreigners can buy upto 1 acre of land (residential) and 3 acres of land (commercial) purposes. Alien Landholding License is required if purchasing more than 1 acre of land for residential purposes, or 3 acres of land for commercial purposes.
What are the taxes on rental income?
Rental income earned by nonresidents is taxed at progressive rates from 15% to 35%. And VAT is also levied on rental income at a flat rate of 15% (a special rate of 10% can apply under certain conditions).
Rental yields are relatively low on residential and commercial properties in Dominica usually around 4% to 5%. The average rent in coastal areas start from $800.
What is the requirement for obtaining residence permit in Dominica?
If you plan to live for 6 months or more, you have to apply for residence permit in Dominica. If you are already a Dominica citizen holding passport, you dont need residence permit. You can live in Dominica indefinitely.
Can i buy freehold land and apply for citizenship?
No. Only Government approved real estate projects qualify for Dominica citizenship. Land costs in beach front near the shores, cost upward from $200 per square metre.
What if i retire in Dominica, will i be taxed on my pension?
If your pension is paid from outside Dominica, you will not be taxed.
Does Dominica have any tax exchange agreements with other countries?
According to OECD, Dominica has signed tax information exchange agreements (TIEA) with these countries.
- Portugal – Dominica (5 October 2010)
- Germany – Dominica (21 September 2010)
- Canada – Dominica (29 juin 2010)
- Finland – Dominica (19 May 2010)
- Faroe Islands – Dominica (19 May 2010)
- Denmark – Dominica (19 May 2010)
- Iceland – Dominica (19 May 2010)
- Sweden – Dominica (19 May 2010)
- Greenland – Dominica (19 May 2010)
- Norway – Dominica (19 May 2010)
- Australia – Dominica (31 March 2010)
- United Kingdom – Dominica (31 March 2010)
- New Zealand – Dominica (16 March 2010)
- Belgium – Dominica (26 February 2010)
Can foreigners apply for loan to purchase real estate in Dominica?
Yes, it is possible with banks such as National bank of Nova Scotia, National bank of Dominica. If you dont have bank account with Dominica banks, you may have to talk to your local banks in your country.
Are there any death duties in Dominica?
There are no death or capital gain duties apply upon death.
What are the best places to buy real estate in Dominica?
Castle comfort and Wall house areas in Roseau. Luxury villas with great views available in Sandy beach, islands of Marie Galante and Guadeloupe. Secret bay, Kempinski hotel are the best options if you want also a citizenship in dominica.
How is the health care system in Dominica?
Dominica has a basic healthcare system with 52 health centres and two district hospitals. The Princess Margaret Hospital is the national capital hospital in Roseau providing complex medical services. There also smaller Portsmouth and cottage hospitals at Marigot and Grand Bay. Foreigners have to pay 4 times the price paid by Dominica citizens.
What are the major towns in Dominica?
Roseau is the capital city and Portsmouth on the North West coast is the second biggest town.
How is the real estate market in Dominica?
Dominica has a quiet and stable real estate market. The introduction of citizenship scheme has brought big demand for housing in the islands. Tourism is a big money spinner as hotels, villas and resorts are on demand during summer with surge in rental prices. Americans, Chinese and British are main investors in real estate market. Dominica has infact very affordable prices right now, compared to other expensive countries such Antigua, St Kitts, Belize, where the real estate prices are on sky high.
What is the current pricing per square metre for houses in Dominica?
According to global property guide, pricing for single houses cost $1200 per sq.m ( upto 100m2), $1800 (200m2), $1200 (upto 300m2), $700 (400m2). Two to three-bedroom houses can be bought for an average price of US$500,000, depending on the location, area, quality of construction materials
How is the education system in Dominica?
Education is provided at primary, secondary and college level. There are 64 primary schools, 15 secondary schools and 1 college. Many young dominicans are university graduates in disciplines such as medicine, law, engineering, economics, management, with natural talents.
What are the languages spoken in Dominica?
English, French patois. English is the official language of Dominica, however, many locals communicate in a hybrid language known as Creole French.
What is the currency and payment systems used in Dominica?
ECD – East Caribbean dollar the local currency is the Eastern Caribbean Dollar (EC$). The rate is set at EC$2.68 to US$1.00. Many businesses accept US Dollars, but you will get the most favorable exchange rate at the banks. Major Credit Cards are accepted in most places.
How is the public transport system in the islands?
Mini-buses (look for the number plate that starts with an ‘H’) serve routes from Roseau, Marigot / Douglas Charles Airport, Ross University and other prominent island locations… and to all villages they are a cheap (often exciting) way to get around the island. Prices are fixed by the government.
Taxis are readily available for reasonable prices and can either be arranged from your location of stay or from the street. Inquire about destination prices with someone before hailing a cab. Drivers most generally will take both US and EC dollars. If possible pay with EC. Riders will find most drivers very friendly.
What is the country code and dialing code for Dominica?
The country code is DM and phone dialing code is +1 -767 for Dominica. Internet domains used as .dm
What can you tell me about Dominica for first time travelers?
Dominica has some of the richest mountain rainforest in the Caribbean. Dominica’s beaches generally consist of shimmering black sand or rocks. There are few expansive beaches. The island has over 360 rivers. There are 9 volcanoes on the Dominica. Dominica’s Morne Trois Pitons National Park has been inscribed by UNESCO world heritage site. Throughout the island, the nature lover can see flora, fauna, and about 130 species of birds including the Sisserou Parrot (Amazona Imperialis) which is on the endangered species list. Dominica has received great acclaim for its underwater “treasures” and picturesque qualities. The majority of the island is covered by densely wooded mountains and rain-forest. The overall terrain is very steep, and extremely rugged.
Why invest in Dominica?
The Government of the Commonwealth of Dominica invites investments that will generate sustained economic growth and prosperity, and create jobs and business opportunities for their people.
- Dominica ranked #6 by FDI Intelligence for cost effectiveness in the Caribbean & Latin America
- “Gateway to Europe” 15 minutes by air to the French Overseas Departments of Martinique and Guadeloupe and less than 2 hours to the nearest US port.
- Free movement of profit and dividends with no capital gains, estate or death taxes
- An English speaking, educated, and trainable workforce with 95% literacy.
- Safe and good quality of life, with lower crime rate than the other Caribbean islands.
- Great opportunity to invest in green field operations in several investment sectors.
- A stable macroeconomic environment and mature democracy.
- Unrestricted foreign ownership of businesses.
- Concessions for large and small investment projects.
- Highly talented and multi lingual work force.
- Regular sea and air transportation to major markets and destination.
- Preferential access to major international markets and agreements with Europe (EPA) and CARICOM.
How is the economy in Dominica?
Dominica has GDP 1 billion with GDP growth of 1.1%. Inflation is at 1.8%. Dominica has population of 71,200 (2013) and has total area of 751 km2. The Commonwealth of Dominica has become in recent years a major international financial hub, and is quickly becoming one of the largest offshore banking centres in the world, and offshore services are also becoming its main source of income. Major industries are tourism, agriculture and light manufacturing. Major exports are bananas, citrus fruits, plantains, coconuts and tropical fruits. Exported manufactured products are soaps, paints and varnishes. Local production include water plants. Tourism and agriculture are big earners. About 25% of americans, 18% europeans visit Dominica every year. Over 250,000 visitors arrive by cruise ships every year.
What are the benefits of becoming a Dominican citizen?
As a citizen of Dominica, personal benefits include:
- Second citizenship through the oldest and most trusted citizenship by investment programmes
- Visa-free travel to over 115 countries, including the Schengen area, the United Kingdom, Singapore, Hong Kong and Ireland
- Minimal taxation – no wealth, gift, inheritance, foreign income or capital gains tax
- Full residence status, with the right to live and work in Dominica
- Dual citizenship is allowed
- There is no requirement to reside in Dominica before or after citizenship is granted
- The application process is confidential.
What is the difference between the two countries, “Commonwealth of Dominica” and “The Dominican Republic”?
Both are 2 different countries. Only Commonwealth of Dominica has the citizenship by investment program. The Dominican Republic does not have one. It is very common to confuse both the countries.
What must be validity of police clearance and HIV medical test certificates?
Police clearance document must be obtained from your home country and all countries you have lived in the past 10 years for more than 6 months old. It must be less than 6 months old . HIV clearance and medical tests from doctor must be less than 3 months old , before launching the application for citizenship with the Dominica CBIU. FBI clearance certificate may be needed if you have lived in the US. Please contact us and we will be able to advise you specifically what is needed.